Background*

Mr. Pablo Isla Álvarez De Tejera has been the Chief Executive Officer of Industria De Diseno Textil SA since May 14, 2005. Mr. Álvarez De Tejera served as the Managing Director of leading Spanish designer-cum-retailer Industria de Diseno Textil SA (Inditex), the parent company of the ''Zara'' Fashion Emporium since June 16, 2005. Mr. Álvarez De Tejera served as General Secretary of Banco Popular Español from 1998 to 2000. He served as Head of Legal Services at Banco ... Popular Español from 1992 to 1996. He served as General Director of State Assets at the Ministry of Economy and Finances. In 1998, he returned to Banco Popular as General Counsel. He served as the Chairman, President and Member of Management Board of Iberia Lineas Aereas de Espana SA. Mr. Álvarez De Tejera began his career in 1988 with the Spanish Ministry of Transports, Tourism and Communications and he served as the Official Delegate in Spain for the United Nations Commission in the Spanish General Direction of Legal Services since 1991. He served as the General Manager of the Legal Services Department of Banco Popular from 1992 to 1996. He served as General Manager of the National Heritage department of the Treasury Ministry of Spain since 1996. He served as a Member of Management Board of Altadis S.A. and also served as its Chairman until May 2005. Mr. Álvarez De Tejera served as Executive President at Compania De Distribucion Integral Logista S.A. until May 2005. He has been the Chairman of Industria De Diseno Textil SA since July 19, 2011. He serves as Chairman of Logista, S.A. Since July 2000, he served as the Co-Chairman of Grupo Altadis and Co-Chairman of Banco Popular Español. He serves as Vice Chairman of Tempe SA. He served as a Second Deputy Chairman of Industria De Diseno Textil SA since September 26, 2005. He served as a First Deputy Chairman of Industria De Diseno Textil SA. from September 26, 2006 to July 19, 2011. He has been an Independent Director at Telefonica S.A. and Telefonica Emisiones, S.A.U. since December 4, 2002. Mr. Álvarez De Tejera has been an Executive Director of Industria De Diseno Textil SA since May 14, 2005. He serves as a Director of Denllo SA and Stear SA. He served as a Director of Iberia Lineas Aereas de España, S.A. He served as an Executive Director at Compania De Distribucion Integral Logista S.A. from July 31, 2000 to May 2005 and Altadis, S.A. until May 2005. He served as a Director at Red Eléctrica Corporación S A. Mr. Álvarez De Tejera is a graduate in Law from the Universidad Complutense of Madrid and abogado del Estado (State lawyer). He holds Master's Degree in Law from Universidad Complutense de Madrid.

Chairman, Chief Executive Officer, President, Chairman of IT Investment Committee, Member of Disclosure Committee, Member of Human Resources Committee and Member of Corporate Social Responsibility CommitteeFast Retailing Co. Ltd.

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